Indigo Exploration Inc. announces that it has finalized the Option Agreement with Desert Gold Ventures Inc. and its local Mali subsidiary, Desert Gold Mali SARL , to acquire up to a 100% interest in the Djimbala Permit in southern Mali, West Africa. The Djimbala Permit lies immediately east of Hummingbird Resources' 0.7 million oz Au Komana gold mine1, 21 kilometres north, along strike, of the Kodieran gold Mine and 28 [...]
Indigo Exploration Inc. is pleased to announce that it has closed the non-brokered private placement announced by the Company on April 13, 2020 and May 8, 2020. The Company has issued 15,000,000 units at a price of $0.05 per Unit for gross proceeds of $750,000. Each Unit is comprised of one common share and one share purchase warrant. Each warrant entitles the holder to acquire one additional share in the capital of the [...]
Indigo Exploration Inc. announces that it has increased its previously announced private placement from 10,000,000 units of the Company to 15,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $750,000. All other terms and conditions of the Private Placement, as previously announced, will remain the same and the Private Placement is subject to the approval of the TSX-V. On Behalf of the Board of [...]
Indigo Exploration announces that the consolidation of the Company's issued and outstanding common shares on the basis of six pre-consolidation shares for every one post-consolidation share will occur on May 5, 2020. As of the date of this news release, the Company has 92,019,316 common shares issued and outstanding. Upon completion of the Consolidation, it is expected that there will be approximately 15,336,553 common [...]
Indigo Exploration Inc. announces that it has signed an option agreement, as described in more detail below, with Desert Gold Ventures Inc. and its local Mali subsidiary, Desert Gold Mali SARL , to acquire up to a 100% interest in the Djimbala Permit in southern Mali, West Africa. The Djimbala Permit lies immediately east of Hummingbird Resources' 0.7 million oz Au Komana gold mine1, 21 kilometres north, along strike, of [...]
Indigo Exploration Inc. announces that it has regained the Lati permit under a new name Lati 2 in Burkina Faso, West Africa. The 180.5 square kilometre permit lies in central Burkina Faso about 150 km west by road from the capital of Ouagadougou. In 2012, the Company conducted a reverse circulation drill program which identified a 2.5 kilometre long trend of wide , low-grade gold mineralization. The permit area has [...]
Indigo Exploration Inc. announces that it has entered into shareholder loan arrangements with certain shareholders of the Company to borrow a total of $100,000. The loans are not convertible into or repayable in equity or voting securities of the Company, and no bonus shares or bonus warrants will be issued in connection with the loans. The funds will used to provide the Company with general working capital and to pay [...]
Indigo Exploration has closed a non-brokered private placement of 7,683,334 units priced at $0.03 per unit for total gross proceeds of $230,500. Further to the Company's news release dated February 5, 2018, announcing the original private placement of up 7,000,000 units for gross proceeds of up to $210,000, the number of units offered was subsequently increased to 7,683,334. Each unit is comprised of one common share and [...]
Indigo Exploration is pleased to announce that it has increased a non-brokered private placement previously announced on February 5, 2018 from up to 7,000,000 units to up to 7,683,333 Units at a price of $0.03 per Unit for gross proceeds of up to $230,500. Each Unit is comprised of one common share and one share purchase warrant, each warrant entitling the holder to purchase one additional common share at a price of $0.05 [...]
Indigo Exploration is pleased to announce a non-brokered private placement of up to 7,000,000 units of the Company at a price of $0.03 per Unit for gross proceeds of up to $210,000. Each Unit is comprised of one common share and one share purchase warrant, each warrant entitling the holder to purchase one additional common share at a price of $0.05 per share for a period of three years from the date of issuance of the [...]
Indigo Exploration announces that the Minister of Mines of Burkina Faso has made a decision to temporarily suspend access to the Company's Hantoukoura permit until the border with Niger is physically demarcated. The Minister's current position is that no exploration work will be allowed on the permit during the suspension period. The Minister has agreed that the permit will remain in good standing through the suspension [...]
Indigo Exploration announces that at its annual general meeting held on September 20, shareholders re-elected Paul Cowley, Thomas Henricksen, Marino Sveinson, and Lorne Warner to the board of directors for the ensuing year. Keir Reynolds did not stand for re-election. Shareholders also re-approved the Company's "10% rolling" stock option plan and re-appointed Charlton and Company, Chartered Professional Accountants, as [...]
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